Home Money Exchange Is it a good time to visit a money changer?

Is it a good time to visit a money changer?

- Advertisement -

One of the biggest question that bugs every traveler when he/she is at the money changer would be:

Is it a good time to buy foreign currency?

To solve this, we’ve built a rate adviser and this is our methodology on how we determine if the rates are good:

  • We pulled 6 months (180 days) worth of daily rates data from the European Central Bank.
  • Averaging of every currency (sum average).
  • Then we compare the average with today’s rate – also from the same European Central Bank source.

From there, if today’s rates were better then the 6 month average, we would then determine that it is a good time to change.

cashchanger_rateadvisorGood rates would receive a thumbs up and bad rates will receive a thumbs down.

However, if today’s rate is lower then the 6 month average, we would then determine that it would not be a good time to change.

With this, we hope you can make a better decision if it is the best time to visit your money changer.

As always, visit CashChanger.co to find out who has the best rates in Singapore!

Like CashChanger on Facebook and join us on Telegram! 🙂
Web: https://cashchanger.co
Telegram: https://cashchanger.co/telegram
Facebook: https://fb.me/cashchanger
Instagram:https://www.instagram.com/cashchangercom/

CashChanger Editor
Co-founder of CashChanger.
- Advertisment -

Most Popular

19 killed in US Texas school shooting by teenager

19 killed in US Texas school shooting by teenager - 18 children and a teacher were victims of a shooting at the Robb Elementary...

Malaysia chickens out, bans exports to Singapore

Malaysia chickens out, bans exports to Singapore - as early as 1st June, 34% of chickens supplies into Singapore will be halted by its...

Google Doodle celebrated India greatest Wrestler birthday

Google Doodle celebrated India greatest Wrestler birthday - Sunday 23rd May was legend Gama Pehlwan’s 144th birth anniversary, and a doodle of him was...

Everton stays up, battles from 2 goals down v Crystal Palace to win

Everton stays up, battles from 2 goals down v Crystal Palace to win - Everton are mathematically safe from relegation after a come back...